Harris Bank Marengo in Marengo, Illinois (IL)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of May 27, 2005

  • Harris Bank Marengo in Marengo, Illinois (IL)
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Harris Bank Marengo - Overview

  • General
  • FDIC Certificate #: 1813
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: BMO Harris Bank National Association (#16571)
    Federal Reserve ID: 387336
    Date Established: January 01, 1930
    WWW: http://www.harrisbank.com
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 2 (Interstate: No)
    FDIC's unique #: 1206
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    State Chartered: Yes
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: May 27, 2005
    Last Structure Change Process Date: June 03, 2005
    Last Data Update: June 03, 2005
    Data Source Date: April 05, 2012
  • Location
  • Address: 100 West Washington, Marengo, IL 60152
    County: Mchenry
    Quarterly Banking Profile Region: Chicago
    FDIC Geographic Region: Chicago
    FDIC Supervisory Region: Chicago
    FDIC Field Office: Chicago
    Office of the Comptroller the Currency (OCC) District: Central
    Office of Thrift Supervision Region: Central
    Metropolitan Statistical Area (MSA): Chicago, IL (#1600)
    Consolidated Metropolitan Statistical Area (CMSA): Chicago-Gary-Kenosha, IL-IN-WI (#14)
    Combined Statistical Area (CSA): Chicago-Naperville-Michigan City, IL-IN-WI (#176)
    Core Based Statistical Area (CBSA): Chicago-Joliet-Naperville, IL-IN-WI (#16980)
    CBSA Metro Statistical Area: Chicago-Joliet-Naperville, IL-IN-WI (#16980)
    Core Based Statistical Division: Chicago-Joliet-Naperville, IL (#16974)
  • Financial Summary
  • Total assets: $99.2 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

2000 - 2011 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Historical total employees (full-time equivalent)

Assets and Liabilities (December 31, 2004)

  • Dollar figures in thousands
  • 19Total employees (full-time equivalent)
  • $98,275Total assets
  • $1,784Cash and due from depository institutions
  • $0Interest-bearing balances
  • $11,553Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $82,751Net loans & leases
  • $931Loan loss allowance
  • $0Trading account assets
  • $1,487Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $700All other assets
  • $98,275Total liabilities and capital
  • $89,820Total liabilities
  • $77,484Total deposits
  • $66,937Interest-bearing deposits
  • $77,484Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $11,675Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $661All other liabilities
  • $8,455Total equity capital
  • $8,455Total bank equity capital
  • $8,455Perpetual preferred stock
  • $0Common stock
  • $500Surplus
  • $2,500Undivided profits
  • Memoranda
  • $5,455Noncurrent loans and leases
  • $34,444Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $118Earning assets
  • $0Long-term assets (5+ years)
  • $346Average Assets, year-to-date
  • $94,304Average Assets, quarterly
  • $15,818Volatile liabilities
  • $94,408Insider loans
  • $96,321FHLB advances
  • $23,671Loans and leases held for sale
  • $622Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $34,444Total unused commitments
  • $0Restructured Loans and leases
  • $931Derivatives

Income and Expense (December 31, 2004)

  • Dollar figures in thousands
  • $4,473Total interest income
  • $1,171Total interest expense
  • $3,302Net interest income
  • $44Provision for loan and lease losses
  • $787Total noninterest income
  • $0Fiduciary activities
  • $332Service charges on deposit accounts
  • $0Trading account gains & fees
  • $455Additional noninterest income
  • $2,858Total noninterest expense
  • $1,103Salaries and employee benefits
  • $214Premises and equipment expense
  • $1,541Additional noninterest expense
  • $1,187Pre-tax net operating income
  • $0Securities gains (losses)
  • $429Applicable income taxes
  • $758Income before extraordinary items
  • $0Extraordinary gains - net
  • $758Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $23Sale, conversion, retirement of capital stock, net
  • $500Net operating income

Performance and Condition Ratios (December 31, 2004)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.92%Yield on earning assets
  • 1.29%Cost of funding earning assets
  • 3.63%Net interest margin
  • 0.87%Noninterest income to earning assets
  • 3.14%Noninterest expense to earning assets
  • 0.80%Net operating income to assets
  • 0.80%Return on assets (ROA)
  • 1.26%Pretax return on assets
  • 8.95%Return on equity (ROE)
  • 3.05%Retained earnings to average equity (YTD only)
  • 0.03%Net charge-offs to loans
  • 191.30%Credit loss provision to net charge-offs
  • 53.52%Efficiency ratio
  • 69,895Assets per employee
  • 5.17%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 65.96%Loss allowance to loans
  • 1.11%Loss allowance to noncurrent loans
  • 788.98%Noncurrent assets plus other real estate owned to assets
  • 0.12%Noncurrent loans to loans
  • 0.14%Net loans and leases to deposits
  • 106.80%Net loans and leases to core deposits
  • 126.36%Equity capital to assets
  • 8.60%Core capital (leverage) ratio
  • 8.71%Tier 1 risk-based capital ratio
  • 11.12%Total risk-based capital ratio
  • Memoranda
  • $12Average assets
  • $94,408Average earning assets
  • $8,467Average equity
  • $90,977Average loans

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